Equinor Receives Approval to Construct Empire Wind 1 Offshore Wind Farm in New York Metropolis

((Computerized translation by Reuters, see disclaimer https://bit.ly/rtrsauto))

Norwegian energy firm Equinor

EQNR.OL has obtained approval from the New York State Public Service Fee to start development of the Empire Wind 1 offshore wind farm, Gov. Kathy Hochul Thursday.

Electrical energy produced by offshore wind farms is essential to US and state objectives for decreasing greenhouse fuel emissions.

However the sector has been hit this yr by inflation, rising rates of interest and provide chain delays. In January, Equinor and BP

BP.L

They’ve finalized the settlement to promote electrical energy to New York State from their Empire Wind 2 offshore wind farm venture.

The 810-megawatt (MW) Empire Wind 1 venture will contribute to the state’s objective of growing 9,000 MW of offshore wind energy by 2035, Hochul mentioned in a press release. Empire Wind 1 can be linked to New York Metropolis’s electrical transmission grid.

This allow is the final that Equinor wanted to begin development. In March, Equinor mentioned it obtained approval from the Federal Vitality Regulatory Fee.

The wind farm is predicted to begin producing electrical energy in 2026.